New York, NY -- (SBWire) -- 02/16/2018 --The recent regulatory changes by organizations such as FDA have led to the growing consumer demand for dietary supplements that are manufactured by adhering to the set regulations.
Global dietary supplements market size was USD 126.14 billion in 2016 and is expected to grow at a CAGR of 8.8% by 2025.
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Dietary supplements are mainly consumed to provide nutrients or to provide non-nutrient chemicals which has beneficial effect in the body. They are obtained from variety of sources namely; plants, microbial strains, seafood, animal organs, and more. The increased demand for dietary supplement products can be accrued to the realization of significant percentage of the population about the value of better health and anything that promotes such beneficial entities.
Aging population in the U.S., European countries, and Japan has led to enhanced search for products that cure such ailments. This is expected to increase the demand for dietary supplements during the forecast period. In the last decade, the demand as well as sales for vitamins, minerals, and nutritional and herbal supplements has shown steep increase in major parts of the world.
The market is segmented based on By product, by construction, by application, by region
By Type
Vitamins
Probiotic
Proteins
Minerals
Others
By Application
Food & Beverages
Health Care Products
Others
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Moreover, the recent surveys revealed that people in North America have insatiable interests regarding information relating to preventive healthcare. Hence, advertisements in any medium regarding dietary supplement products have increased significantly.
Consumers in emerging markets including China and India are also witnessing extensive demand for these products on account of implementation of new advertising campaigns for brand promotions by companies including Amway and Pfizer.
Marketing Strategy Analysis, Distributors/Traders
1 Marketing Channel
2 Direct Marketing
3 Indirect Marketing
4 Marketing Channel Development Trend
5 Market Positioning
6 Pricing Strategy
7 Brand Strategy
8 Target Client
9 Distributors/Traders List
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Dietary Supplements Market Share, Top Players, Manufacturers and Forecast to 2025
Study Report on Abbott Laboratories, Carlyle Group, GlaxoSmithKline, Amway, Arkopharma, Bayer, Glanbia Nutritionals, Herbalife International.